USDA: World rice production and consumption in 2021/22 is forecasted to be a record high
Rice
Published Dec 8, 2021
Original content
Output In the October 2021 report, the US Department of Agriculture (USDA) forecasts that global rice production in 2021/22 will be at a record high, with 507.9 million tons (milled equivalent), an increase of 0.5 million tons. tonnes compared to last month's forecast and 1.7 million tonnes higher than the previous year's output. In particular, the USDA raised its forecasts for rice production for India, Panama, Senegal and South Korea from last month's forecast, but lowered its forecasts for Egypt and the United States. Compared to the previous crop year, production forecasts for Argentina, Australia, Bangladesh, Burma, Cambodia, China, Ivory Coast, Guinea, Guyana, Mali, Mexico, Nicaragua, Niger, Nigeria, Senegal, South Korea, Paraguay, Peru, Thailand, Uganda and Uruguay account for most of the expected output increase in 2021/22, with China and Thailand seeing the biggest increases. In contrast, production is forecast to decline year-on-year in Colombia, Ecuador, Egypt, EU, ...
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